Clyde Shipyards (Hansard, 16 April 1969)

36. Mr. Edward M. Taylor
asked the Minister of Technology whether he has now concluded his discussions with the Shipbuilding Industry Board regarding the Clyde shipyards; and if he will make a statement.

§ Mr. Benn
Discussions are proceeding between the Board and the companies concerned.

§ Mr. Rankin
On a point of order.

§ Mr. Speaker
Order. Every point of order costs some hon. Member a Question to which he attaches great importance. Mr. Rankin.

§ Mr. Rankin
The noise in the Chamber cost me the pleasure of hearing the Minister's Answer. Will he repeat it?

Mr. Taylor
Is the Minister satisfied that the Upper Clyde Shipbuilders have sufficient working capital to carry them through their reorganisation plans which, from all accounts, are proceeding reasonably well?

§ Mr. Benn
Discussions are continuing. When the Upper Clyde Shipbuilders was set up, it was recognised that there would be difficulties to overcome. I have interested myself in this matter very closely. The problems of the yard are not helped by the continuing public comment, much of it totally inaccurate, about discussions that of their nature should remain confidential between the Shipbuilding Industry Board and the company.